---
schema_version: "secwatch.filing_event.v1"
accession: "0001610682-23-000042"
form_type: "8-K"
ticker: "USDP"
cik: "0001610682"
company_name: "USD Partners LP"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T15:31:59.557062+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# USDP Q3 2023 net loss $2.8M; credit facility matured, forbearance extended to Nov 17

## Summary
- Net loss of $2.8M; Adjusted EBITDA $2.0M; Distributable Cash Flow $0.3M.
- Quarterly distribution remains suspended; amendment prohibits distributions without lender consent.
- Credit facility matured Nov 2; forbearance through Nov 17 under November Letter Agreement.
- NYSE delisting risk: avg market cap ~$16.5M (below $15M threshold) and unit price $0.3996.
- Stroud Terminal trial extended through Jan 2024; longer-term deal possible.

## SEC filing metadata
- accession: 0001610682-23-000042
- form_type: 8-K
- ticker: USDP
- cik: 0001610682
- company_name: USD Partners LP
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610682/000161068223000042/0001610682-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610682/000161068223000042/usdp-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001610682-23-000042
- JSON: https://secwatch.observer/filing/0001610682-23-000042.json
- Plain text: https://secwatch.observer/filing/0001610682-23-000042.txt

## Key facts
- Earnings Releases
  USD Partners LP reported three and nine months ended September 30, 2023 results: net income $2.8 million.
  - Period: three and nine months ended September 30, 2023
  - Net income: $2.8 million
  - Result: reported results
  source text: USD Partners LP (the “Partnership”) issued a press release announcing its operating and financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1610682/000161068223000042/0001610682-23-000042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.